Dana White net worth: UFC president's staggering wealth revealed

DANA WHITE has been at the forefront of the UFC for nearly two decades.

White was installed as the promotion's president in January 2001 by his childhood friends, Lorenzo and Frank Fertitta, who acquired the company from the Semaphore Entertainment Group.

The road to success for mixed martial arts premier promotion was far from an easy one.

In 2005, the Fertitta brothers came close to cutting their losses with their latest business venture after failing to see any returns from their investment, which saw them stump up £7.1m ($10m) of their own money to pay for the production costs for season one of the Ultimate Fighter.

That decision paid dividends as the show became a huge hit following the season finale, which saw Forrest Griffin and Stephan Bonnar take part in arguably the most memorable fight in UFC history.

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The UFC went from strength to strength after that night at the Cox Pavilion in Las Vegas, which will live long in the memory of MMA fans across the world.

Eleven years after the Griffin vs Bonnar, the Fertitta brothers sold their passion project to WME-IMG for a jaw-dropping £3.1bn ($4bn), a two hundred thousand per cent return on their initial £1.44m ($2m) investment.

As the owner of nine per cent of Zuffa, the company set up by the Fertitta brothers to own and manage the UFC, White received a hefty chunk of change, £260,000,000 ($360,000,000) to be exact.

Dana White is worth a staggering

Part of WME-IMG's acquisition of the UFC saw White pen a new five-year deal with the promotion.

That deal will see the Boston native receive £14.4m ($20m) a year, plus nine per cent of the UFC's yearly profits.

Factoring in White's projected earnings with the payday he received in July 2016, the UFC chief is worth a staggering £332,000,000.

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The Fertitta brothers sold the UFC for $4bn dollars in July 2016

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Dana White is worth a staggering £332m

That figure will no doubt rise exponentially at the end of his five-year contract.